v3.23.3
Inventories
9 Months Ended
Sep. 30, 2023
Inventory Disclosure [Abstract]  
Inventories

5. Inventories

Inventories as of September 30, 2023 and December 31, 2022 consisted of the following:

(in thousands)

 

September 30, 2023

 

 

December 31, 2022

 

Raw materials

 

$

27,273

 

 

$

19,774

 

Work in process

 

 

11,001

 

 

 

7,183

 

Finished goods

 

 

2,947

 

 

 

2,436

 

Obsolescence allowance

 

 

(3,310

)

 

 

(2,867

)

Total inventories

 

$

37,911

 

 

$

26,526

 

Amounts credited to the allowance for obsolete inventory and charged to cost of sales were zero for each of the three months ended September 30, 2023 and 2022, and $0.5 million and $0.1 million for the nine months ended September 30, 2023 and 2022, respectively.